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Tuesday, December 16, 2008

State College Debates a Drink Tax

The Tax Foundation exposes the poor logic behind a proposed drink tax targeted at "freeloading" PSU students. Local officials in State College would be wise to consider the fall out from Allegheny County's controversial and unnecessary poured drink tax, before attempting to balance their $17 million budget by indirectly taxing the source of their economic prosperity.
Nathan Benefield's commentary explains how raising taxes stunts economic growth, exasperating budget shortfalls.

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